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SpaceX in Your 401(k) Without You Knowing | Raleigh News
SpaceX just quietly became part of your 401(k) — without you even knowing. Thanks to Nasdaq’s new “Fast Entry” rule, SpaceX jumped into the Nasdaq-100 index just 15 days after going public, forcing index funds like QQQ to automatically buy shares. With $800 billion in assets tracking that index, SpaceX instantly gained billions in market value. While it’s currently just 1.3% of those funds — and still unprofitable, founder-controlled, and locked up by insiders — its weighting could grow as lockups expire. If you’re in a Nasdaq-100 fund, you’re holding a piece of the rocket company. If you’re…
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